2018-04-16                     House Journal                      Page 3316
HB 399                                                                                                                        
The Finance Committee submitted the following forthcoming fiscal                                                                
note to accompany the committee report (page 3268):                                                                             
                                                                                                                                
2.  Fiscal, Dept. of Revenue                                                                                                    
                                                                                                                                
for                                                                                                                             
                                                                                                                                
    CS FOR HOUSE BILL NO. 399(FIN)                                                                                              
    "An Act relating to the use of a federal tax credit as a credit                                                             
    against the corporate net income tax; repealing a provision                                                                 
    allowing the exclusion of certain royalties accrued or received                                                             
    from foreign corporations for purposes of the corporate net                                                                 
    income tax; repealing the reduced rate for the alternative tax on                                                           
    capital gains for corporations; repealing an exemption from filing                                                          
    a return under the corporate net income tax for a corporation                                                               
    engaged in a contract under the Alaska Stranded Gas                                                                         
    Development Act; and providing for an effective date."                                                                      
                                                                                                                                
HB 399 is in the Rules Committee.